From Investing.com: 2024-06-09 19:29:24

U.S. stock futures flat ahead of Fed meeting, inflation data 
Investors stayed cautious on Sunday as U.S. stock futures remained steady before a Federal Reserve meeting and key inflation data. The Dow Jones futures stood at 4,355.75, Nasdaq futures at 19,040.0, and S&P 500 futures at 38,867.0.

Fed rate decision, CPI data key focus 
All eyes were on the upcoming Federal Reserve meeting on Wednesday, where interest rates are expected to remain unchanged. However, signals on potential rate cuts will be closely monitored following strong labor market data. CPI data on Wednesday is anticipated to show inflation above target range.

Wall Street near record highs despite losses 
Despite some losses on Friday, Wall Street remained close to record highs, led by tech gains. The Dow Jones fell 0.1% to 5,346.99, Nasdaq dropped 0.3% to 17,129.90, and S&P 500 finished down 0.2% at 38,798.99. Political uncertainty in Europe could impact sentiment.



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